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20121129
20121207
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because of the impasse and also the fact that the consequences of the fiscal cliff, these spending cuts and these tax -- pardon me the spending cuts and the tax increases that kick in here at the end of the year, the consequences are very dire and following the election the white house and democrats think that they can really push republicans into a corner here. >> brianna keilar for us. thank you. just ahead we're going to be talking with connecticut senator richard blumenthal will join us to talk a little bit about the democrats' responsibility about this impending fiscal cliff. another story we're following, friends and family of kansas city chiefs jovan belcher looking for answers this morning after he killed his girlfriend and then took his own life. his team took to the field just a day after the tragedy. it was i guess kind of a somber victory. they beat the carolina panthers 27-21. just their second game of the season. saturday morning belcher shot his 22-year-old girlfriend kasandra perkins and then turned the gun on himself outside the practice facility. he and perkins leave b
in the fiscal cliff debate. tax rates spike and spending slashed. congress is breaking for the holidays in two weeks. it could send the economy spinning in directions. $1.6 trillion in tax hikes. he will travel to pennsylvania to sell it to you. republicans aren't buying it. listen to house speaker, john boehner. >> despite the claims the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. >> democrats are firing right back at boehner. harry reid getting a little personal. >> i don't understand his brain, so you should ask him. okay? >> ouch. athena jones live from washington. same old same old. where do we go from here? >> that's the big question. the nice talk after the election is pretty much gone away. you mentioned one of the big sticking points, that's taxes. republicans and democrats can't agree on how to raise the tax revenue? end the bush tax cuts for the wealthy, close the loopholes, raise the capital gains taxes or all of the above. right now, they can't agree on how much money should be raised on the revenue side. let's listen to
leadership says he thinks president obama wants to go over the fiscal cliff by proposing higher taxes, no spending cuts and no plans to save entitlements. with president obama going to pennsylvania today, the house republican whip, kevin mccarthy's office put out a video profiling a small business nearby in pennsylvania that would get hurt by a tax hike. >> i'm jerry gorsky from an engineering company. however good or bad we do is my income. this notion of $250,000 being top 2% or the wealthy people in america ignores the way most small businesses work in america. >> reporter: i mentioned president obama is going out on the trail, if you will in pennsylvania to sell his arguments. one would expect we would hear some sort of response from speaker john boehner after that. jon. jon: what are the democrats saying? i mean about these g.o.p. complaints? what is your response? >> reporter: they are saying republicans if you don't like the president's plan, where is your own plan? they are asking for specifics on revenue in terms of tax revenue. they are also asking for specifics on what repu
in the "fiscal cliff" discussion unemployment a new congressional budget office report showing americans have collected more than half a trillion dollars in federal jobless benefits in the last five years. >>> a battle over an oyster farm has ended. the u.s. interior secretary ken salazar is not renewing drake's bay's oyster company's lease which expires at the end of the month. he visited the farm along point reyes national seashore last week saying it should be returned to the wilderness for future generations to enjoy. company supporters including senator dianne feinstein argue to save the farm because it's a key part of the rural economy in that area. >>> still ahead, bankrupt but still able to give out bonuses? the latest controversy haunting hostess. >> with the biggest payout in powerball history about to take place allowing it be before californians can cash in too? >> a cold war plot that's hard to believe. did the u.s. really want to blow up the moon? we'll find out. ,,,,,, ,,,,,,,,,, now the multi- million dollr >>> now for tonight's winning powerball number and north over half a b
to tax and spend. they don't like the plan. is our plunge off the fiscal cliff inevitable? >> and secretary of state stiewfn rice, the ambassador still getting a ton of support from the white house but benghazi may not be the only blemish on her record. >> and baby jesus benched and now frosty the snowman starring in school's nativity scene? why do atheist have more rights when it comes to the constitution? "fox & friends" hour two starts right now. >> sparkles all over. >> you guys looked very pretty in your sweater? >> dapper? >> pretty. >> send us your ugly christmas sweater photos this morning. friends at foxandfriends.com. >> did you guys plan this? >> no. >> we are wearing the exact same tie. >> we didn't plan. this didn't call each other ahead of time like ladies do. >> it's reichmuth's fault. he actually picked mine out. let's talk about the fiscal cliff which we appear to be speeding towards every day because there is nothing that even resembles a compromise on capitol hill. the president offered up his proposal this week and it was met with. [ laughter ] by some
is trying to push negotiations forward on avoiding the fiscal cliff. he is due meet individually and he will talk about how to avoid a series of tax heights and spending cuts due to begin in january. he will do whatever it takes to get this done. also today, president barack obama will have lunch, prief at evaluately and the president said he would reach out but the president will talk about making the government work better. >>> tartar is in for -- tara is in for sal castaneda today. >>> in the northbound direction be aware of some problems and metering lights have been on for about a half hour and you are looking at an extra 15 minutes to get into san francisco this morning. through lafayette, very slow towards orinda. look at those brake lights on the right-hand side of your screen, this is congested compared to yesterday and the day before, and folks headed out a little earlier. a little sluggish on the north hand side of your screen, let's check in with steve. >>> it is on the mild side and he said this is like the pineapple express and we are getting a really strong wind. this is
all this rang lg about the fiscal cliff isn't the goal. with the president asking for $50 billion in stimulus spending, do you worry they might be losing sight of that? >> the best thing for the country is to go over the fiscal cliff. it maximizing the deficit reduction. there's no deal cut between republicans and democrats. it's not going to reduce the amount of money coming out of the deficit by a lot. so if you do that, you go back to the clinton tax rates, cut some defense and we have a short, mild recession for two quarters. we have to get serious about the deficit e. i have no belief that the congress is going to get serious about the deficit. so tom cole was right because he wants to get the republicans back in the mainstream. but the best thing the country could do is go over the cliff. >> timothy geithner doesn't agree with you on that. >> he may or may not. but i looked at this a lot of ways. the people inside washington are awfully smart and awfully out of touch. we need to do something about the deficit. going over the fiscal cliff is the best thing we're going to get
slash that government spending, if and when the fiscal cliff goes into effect, that can really eat into gdp and is part of the reason the congressional budget office has said if we do go over the cliff, the u.s. could go back into a recession. carol? >> alison kosik at the new york stock exchange. >>> well, someone is waking up this morning as a multimillionaire. winning tickets for the powerball's record-breaking $580 million jackpot were sold in arizona and missouri. last night's winning numbers, if you're curious, 5, 23, 16, 22, 29 and the powerball number is 6. winners will split the largest jackpot in powerball's history. we know one of the tickets was bought around the kansas city area. but whoever won was really lucky, because the odds of winning, 1 in 175 million. you have a much better chance of getting hit by -- we say that every time. you know. the odds are long. lucky them, and we're happy for them. >>> journalist tom ricks is a star. not for his new book, not for his 17 years at the wall street journal, but for his 90 seconds on fox news. when asked about the attacks o
hill today in an effort to avoid that dreaded "fiscal cliff." tim geithner and rob neighbors plan to visit separately today with the four house and senate leaders to find common ground on averting a series of tax increases and spending cuts scheduled to start in january. >>> president obama will have lunch in a couple of hours with mitt romney. it will be the first time the two have met face to face since their final debate shortly before this month's election. the event at the white house will be private. no aides will be present. no media will be allowed. it would be fun to be there. >> no kidding and that "fiscal cliff" i'm sure is going to come up. >>> a new york city nanny pleads not guilty to charges that she killed two children. yoselyn ortega is accused of stabbing a 6-year-old girl and a 2-year-old boy who were in her care. she also stabbed herself and is still in the hospital. police say the mother returned home last month and found her children dead. >>> two bp rig supervisors and a former bp executive pled not guilty to criminal charges in the deadly deepwater horizon
. >>> president obama dispatched his chief negotiator to capitol hill to work on a deal to avoid the "fiscal cliff." today treasury secretary tim geithner met with house and senate leaders. republicans came out of that meeting saying that the white house needs to get serious about spending cuts. >> it's time for the president, congressional democrats to tell the american people what spending cuts they are really willing to make. >> let's give a christmas present to the american people. and all we're saying is, we're willing to make the cuts. >> coming needs to reach an agreement in the next few weeks in order to avoid a series of automatic tax hikes and spending cuts in january. >>> oh, to be a fly on the wall on this one. president obama and mitt romney met privately at the white house today to chew over the nation's economic issues. it was the first time they have been together face to face since their contentious campaigns. cbs reporter tara mergener on the political power lunch. >> reporter: mitt romney got out of an suv and walked into the white house alone. the former republican nominee then
, starting january 1st we go over that so-called fiscal cliff, tax rates go up not just for the rich but for the middle class, for everyone, all those cuts in domestic spending and naths security spending, they go into effect. people aren't going to be happy about that, and the president will be able to say, look, i begged them, i repeatedly said 98% of the american public, they wouldn't get a tax increase if we just took them out of the equation, let's pass legislation extending the bush tax cuts for everyone earning under $250,000 a year. they didn't do it. so, you know, he'll have some leverage on that in terms of the politics because politically, you know, the polls all are very consistent. the election results are pretty consistent. the american public is ready for a modest increase in taxes for the upper 2% of taxpayers. having said that, there's another issue that's coming up in february or march and that's raising the debt ceiling once again. the republicans have a lot of leverage on that right now because the white house, the administration will desperately want to raise tha
are planned or capitol hill today in an effort to avoid that dreaded "fiscal cliff." the treasury secretary tim geithner and another man will visit separately with house and senate leaders to find common ground on how to avert a series of tax increases and spending cuts beginning in january. >>> president obama will have lunch in just a few hours with mitt romney. it will be the first time they have met face to face since the final debate shortly before this month's election. the event will be held at the white house. it is private, no aides present, no media, just the president and the former gop nominee. they will hash it out. >> should be interesting. >> maybe he will bring mitt into the fold. who knows. >> we'll see. >>> just from the labor department the number of americans filing first time unemployment claims fell last week. the decline comes as impact of superstorm sandy eases a bit. this morning, stock futures are moving higher on encouraging news from washington on the "fiscal cliff" issue. ashley morrison of cbsmoneywatch.com joins us. good morning, ashley. >> reporter: good morn
secretary said the white house is, in fact, ready to go straight over the fiscal cliff. >> if you're really going to be serious about deficit reduction, it can't just be about taxes. it has to be about spending cuts, too. >>> prince william's wife catherine is out of the hospital after treatment for acute morning sickness. >> reporter: we were told from the beginning that this hospital stay would last 18 days and that's exactly what it turned out to be. >>> software developer john mcafee is no longer a fugitive, arrested in guatemala a month after his neighbor in belize was murdered. >>> the creators of cell phone technology pinpointed mcafee's location. police didn't know where he was. >> reporter: now that marijuana is legal here in washington, the state is going to start collecting taxes on it. >> "gangnam style." >> there is no one in political life funnier than alan simpson. >> mayor michael bloomberg announced that new york will hold a contest to redesign the city's pay phones. yeah. the top prize, a brand-new walkman. >> announcer: the "eye opener" a
of preventing the u.s. from falling off the "fiscal cliff." treasury secretary tim geithner and a white house aide plan to visit with the four house and senate leaders. they hope to find common ground on how to avert a series of tax increases and spending cuts scheduled to begin in january. >>> president obama will have lunch with mitt romney today the first time they meet face to face since their debate before the election. the event at the white house will be private. no aides will be present. no media will be allowed. >>> powerball ticketholders are checking their numbers twice today. >> yeah. good luck. the record-breaking jackpot $588 million. the numbers drawn last night just in case 5, 16, 22, 23, 29 and the powerball number was 6. two winning tickets sold in arizona and missouri. californians may be able to cash in though on powerball prices next year. it's not in our state but lottery officials are meeting this morning up in sacramento trying to hammer out details that would allow the golden state to join the 42 other states in the powerball drawing. california state officials say by
right now. >>> our country will be heading over the fiscal cliff that we ourselves dug and put in our way. it's the set of automatic spending cuts and tax hikes that can only be averted if our nation's leaders are able to display bear bones competence and middle school-level maturity. so is there a deal? >> there's, of course, no deal. >> of course! is there a prospect for a deal? >> there's not a prospect for a deal. >> of course! but the ongoing talks. >> there aren't even very many talks going on. >> you're killing us! give us something. >> but for the first time, there are numbers on pieces of paper from both sides. >> numbers on paper! >>> good morning. it's wednesday, december 5th. welcome to "morning joe." live in the nation's capital. this is exciting. and you know, i said, let's do a show from washington, d.c., because they get so much stuff done there. it's like silicon valley. and going there when steve jobs was really bringing apple to the forefront -- >> a happening place. >> it is. it's where things happen. that's why we're here, steve rattner. >> washington is the place
to see us go over the fiscal cliff, but feel very strongly we've got to get serious here. we don't want to increase tax rates. we're not going to increase tax rates. and we want to do something about the spending problem. and remember, the good will, the piece that is, i think, determinive here, the speaker's put new revenues on the table just after the election and said we get it. the president won his re- election. we won ours. we have to now come together. here is our proposal to the speaker -- to the president that we were unwilling to give a year and a half ago. >> they know they need to put revenant on the table, but will you come back and give them the entitlement cuts? >> we will take this as a serious matter. this is not a game. we are interested in trying to solve the problem for the american people so that we do not see taxes go up on anybody, so we can engage in reform, get the economy going again. we're not playing a game. that offer yesterday was not serious. thank you. >> this is about 20 minutes. >> good afternoon. i'm here today with my colleague. i invited him here to
Search Results 0 to 15 of about 16